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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: waitwatchwander who wrote (33928)4/5/2003 5:43:51 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 196499
 
>>the current debt holders will get new equity<< We do not disagree. The form of new equity will probably be preferred stock, not common stock, as the bondholders are entitled to something a bit better than plain old ordinary common shares, and a bit better than the old shareholders, regardless of how much stock they hold.

Art